Venezuela in advanced talks for $5 bln loan: central bank president

Fri Feb 26, 2016 5:28pm EST
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CARACAS Feb 26 (Reuters) - Venezuela is in advanced talks for a $5 billion loan from international banks and investment funds, Central Bank President Nelson Merentes said in an interview on Friday.

The guarantee for the loan would be a gold mining project with Canadian miner Gold Reserve Inc, Merentes said.

Gold Reserve was not immediately available for comment. (Reporting by Corina Pons and Eyanir Chinea)